Joe Biden and his team have been trying to sell us a bunch of malarkey this week, redefining the term “recession” because they knew that the GDP number that came in this week on Thursday would likely be another negative quarter. It was actually down 0.9 percent, according to our report. It is defined as two consecutive quarters with negative GDP growth.
BREAKING NEWS: Q2 GDP declined 0.9%, the second consecutive decline. This is a clear sign of recession. https://t.co/Mwb8tGgxZd pic.twitter.com/eLZpxbSR25
— CNBC (@CNBC) July 28, 2022
Earlier in the week, Biden tried to claim we’re not in a recession, “in my view.” CNN even mocked that “in my view” claim. After the numbers came in, Joe Biden refused to believe it. He quickly reacted and refused to answer any questions. Talk about not living in reality — this is it.
I’ve never seen Biden move faster than today when he said, “That doesn’t sound like a recession to me…” and immediately ran away from reporters. pic.twitter.com/fGT7PwuuC5
— Tim Young (@TimRunsHisMouth) July 28, 2022
Treasury Secretary Janet Yellen took it even a step beyond that, quoting Biden, “We have entered a new phase in our recovery.”
Janet Yellen is the U.S. Treasury Secretary after two quarters of declining GDP growth.
“We are now in a new phase of our recovery.
— Young Americans for Liberty (@YALiberty) July 29, 2022
It’s a new phase, alright. It’s a new phase. We went from causing inflation to explode into recession. The Biden team’s main concern seems not to adopt good policies to deal with it but to pretend it’s not even happening–that it’s a “recovery.” That’s not just lying, it’s also insulting our intelligence. This is not just taking money from our pockets, it’s telling us that we should have the pleasure of being robbed. That’s why no one can trust anything that comes from this Administration.
But the NY Post had the perfect response to this effort to redefine reality, and Joe Biden may want to check it, since he doesn’t seem to understand the meaning of the word “recession.” It’s a brilliant graphic on the front page, lampooning the Biden idiocy on the topic.
👀 today’s NY Post cover pic.twitter.com/emvTFyyfXj
— Abigail Marone 🇺🇸 (@abigailmarone) July 29, 2022
They define it as “a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.” They even use it in an appropriate sentence, “The country is in the depths of a recession.”
Biden may try to ignore it as much as he wishes. Biden can try to deny it all he wants. We’re seeing the left try to redefine all kinds of things–even the term woman. But the problem is Americans are still going to feel the fact of the recession in their wallets, and they’re going to vote based on that. It’s not going to go well for Biden and the Democrats.
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